LANDUYT & C°: what changed
What changed
LANDUYT & C°
filed annual accounts (NBB)
Net result for the year
-€8,837
2024 · -€43,450+€34,613
Equity
€1.0m
2024 · €1.0m-€8,837
Cash
€2,314
2024 · €12,813-€10,498
Balance sheet total
€1.3m
2024 · €1.4m-€39,220
Largest movements
Assets
- Tangible fixed assets -€82,067
down €82,067 (-8.0%), from €1.0m to €938,432
of which Land and buildings: -€64,964
- Receivables within one year +€49,572
up €49,572 (+15.5%), from €320,576 to €370,148
Equity and liabilities
- Debts after one year -€44,108
down €44,108 (-22.4%), from €196,648 to €152,540
- Trade debts +€23,470
up €23,470 (+41.0%), from €57,279 to €80,748
Income statement
- Gross operating margin +€35,900
up €35,900 (+81.8%), from €43,899 to €79,800
- Financial income +€5,658
up €5,658 (+43.3%), from €13,057 to €18,715
- Depreciation +€4,259
up €4,259 (+5.6%), from €76,242 to €80,501
- Financial charges +€1,748
up €1,748 (+21.3%), from €8,217 to €9,966
- Other operating charges +€922
up €922 (+6.0%), from €15,381 to €16,303
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€43,450
Gross operating margin
+€35,900
Depreciation
-€4,259
Other operating charges
-€922
Financial income
+€5,658
Financial charges
-€1,748
Taxes
-€15
Result 2025
-€8,837
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€42,367
Investment
+€1,565
Financing
-€54,430
Cash 2024
€12,813
From operations (derived)
+€42,367
Net result for the year
-€8,837
Depreciation
+€80,501
Receivables within one year
-€49,572
Deferred charges and accrued income
-€3,772
Trade debts
+€23,470
Tax, wage and social debts
+€582
Accrued charges and deferred income
-€4
Investment (derived)
+€1,565
Investment in fixed assets (net)
+€1,565
Financing
-€54,430
Debts after one year
-€44,108
Current portion of long-term debt
-€10,322
Cash 2025
€2,314
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,353,887 | €1,314,667 | -€39,220 | -2.9% |
| Fixed assets | 21/28 | €1,020,498 | €938,432 | -€82,067 | -8.0% |
| Tangible fixed assets | 22/27 | €1,020,498 | €938,432 | -€82,067 | -8.0% |
| Land and buildings | 22 | €972,593 | €907,629 | -€64,964 | -6.7% |
| Plant, machinery and equipment | 23 | €24,952 | €16,530 | -€8,422 | -33.8% |
| Furniture and vehicles | 24 | €22,954 | €14,273 | -€8,680 | -37.8% |
| Current assets | 29/58 | €333,389 | €376,235 | +€42,847 | +12.9% |
| Amounts receivable within one year | 40/41 | €320,576 | €370,148 | +€49,572 | +15.5% |
| Other amounts receivable | 41 | €320,576 | €370,148 | +€49,572 | +15.5% |
| Cash at bank and in hand | 54/58 | €12,813 | €2,314 | -€10,498 | -81.9% |
| Deferred charges and accrued income | 490/1 | - | €3,772 | +€3,772 | |
| Total equity and liabilities | 10/49 | €1,353,887 | €1,314,667 | -€39,220 | -2.9% |
| Equity | 10/15 | €1,041,592 | €1,032,755 | -€8,837 | -0.8% |
| Contributions | 10/11 | €938,000 | €938,000 | = | 0.0% |
| Capital | 10 | €938,000 | €938,000 | = | 0.0% |
| Issued capital | 100 | €938,000 | €938,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Legal reserve | 130 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,592 | €85,755 | -€8,837 | -9.3% |
| Amounts payable | 17/49 | €312,295 | €281,912 | -€30,383 | -9.7% |
| Amounts payable after more than one year | 17 | €196,648 | €152,540 | -€44,108 | -22.4% |
| Financial debts | 170/4 | €196,648 | €152,540 | -€44,108 | -22.4% |
| Amounts payable within one year | 42/48 | €112,276 | €126,005 | +€13,729 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €54,430 | €44,108 | -€10,322 | -19.0% |
| Trade debts | 44 | €57,279 | €80,748 | +€23,470 | +41.0% |
| Suppliers | 440/4 | €57,279 | €80,748 | +€23,470 | +41.0% |
| Taxes, remuneration and social security | 45 | €566 | €1,148 | +€582 | +103% |
| Taxes | 450/3 | €566 | €1,148 | +€582 | +103% |
| Accrued charges and deferred income | 492/3 | €3,371 | €3,367 | -€4 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,242 | €80,501 | +€4,259 | +5.6% |
| Other operating charges | 640/8 | €15,381 | €16,303 | +€922 | +6.0% |
| Gross operating margin | 9900 | €43,899 | €79,800 | +€35,900 | +81.8% |
| Operating profit (loss) | 9901 | -€47,723 | -€17,005 | +€30,719 | +64.4% |
| Financial income | 75/76B | €13,057 | €18,715 | +€5,658 | +43.3% |
| Recurring financial income | 75 | €13,057 | €18,715 | +€5,658 | +43.3% |
| Financial charges | 65/66B | €8,217 | €9,966 | +€1,748 | +21.3% |
| Recurring financial charges | 65 | €8,217 | €9,966 | +€1,748 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,884 | -€8,255 | +€34,629 | +80.8% |
| Income taxes | 67/77 | €566 | €582 | +€15 | +2.7% |
| Profit (loss) for the period | 9904 | -€43,450 | -€8,837 | +€34,613 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,450 | -€8,837 | +€34,613 | +79.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.